How Many Have Applied for Public Issue of "Rapti Hydro and General Construction" So Far?

CDS & Clearing Limited (CDSC) has reported the data of public IPO collection of Rapti Hydro and General Construction Limited (RHGCL) as of 10 am today i.e Ashad 31.

Rapti Hydro and General Construction Limited (RHGCL) has been issuing its 23,66,240 unit IPO shares to the general public from 29th Ashad and will conclude on Shrawan 01, 2079. If it is not fully subscribed the issue will be extended up till Shrawan 11, 2079. Out of the total 23,66,240 units; 3% of the total offered shares i.e. 70,988 units have been set aside for the employees of the company and 5% of the total offered shares i.e. 1,18,312 units have been set aside for the mutual funds. The remaining 21,76,940 units are for the general public. The paid up capital of the company will reach to Rs. 61.27 Crores after the IPO issuance.

Siddhartha Capital Limited has been appointed as the issue manager for the IPO issuance. Applications can be placed for a minimum of 10 units and a maximum of 21,00,000 units.

According to CDSC, 8,75,541 applicants have applied for a total of 1,00,54,660 units. Thus, the issue is already oversubscribed by 4.62 times so far.